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Etsy CEO says Amazon is trying to ‘wipe out its competitors’ by backing California consumer protection bill

Etsy CEO Josh Silverman on Tuesday accused Amazon of “taking bold steps to wipe out its competitors” by backing a new California consumer protection bill.

Amazon on Friday broke away from its peers when it voiced conditional support for the bill, AB 3262, which seeks to hold “electronic retail marketplaces” to the same liability standards applied to brick-and-mortar retailers. The bill has garnered opposition from Etsy, EBay’s public policy arm and a slew of industry groups who say existing law already protects consumers and that it will stifle small businesses that sell products online.

https://www.cnbc.com/2020/08/25/etsy-amazon-trying-to-squash-competitors-by-backing-california-bill.html

#US #California #consumer #bill #Etsy #Amazon